the gold value of the IMF's assets. Each member of the IMF is bound to maintain the gold value of the IMF's holdings of …

, were further amended on January 12, 2022, by the Executive Board of the IMF. The Guidelines establish the investment … objectives and policies to guide the investment of assets of the PRG, PRG-HIPC, and CCR Trusts (the "Trusts") which are available … for investment under the Trusts' instruments …

'Guidelines') to establish the investment objectives and policies to guide the investment of assets of the PRG, PRG-HIPC, and CCR … Trusts (the'Trusts') which are available for investment under the Trusts' instruments. These Guidelines are included in this …

Fund's limited gold sale. They noted their expectation that at least SDR 4.4 billion of the profits would be placed in an … endowment within the Investment Account, and affirmed their support for the 2009 financing package for low-income countries … (LICs), including the distribution to the Fund's membership of up to SDR 0.7 billion from the profits linked to gold sales …

This paper outlines legal developments related to floating currencies, gold, and special drawing rights (SDRs) in the … IMF. The Articles of the Fund require each member to establish a par value for its currency in terms of gold as a common … July 1, 1944, the effect of which is simply to express the par value indirectly in terms of gold. In this paper …

This paper examines legal developments in area of floating currencies, special drawing rights, and gold in the IMF. It …

unit of account. The gold standard was such a system, but suffered from gold’s fluctuating relative value and the costly … need to redeem money for gold. This paper explores monetary standards with relatively constant real values in which the …

relation to special drawing rights (SDRs), currencies, and gold. SDRs have characteristics that enable them to function as a …